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Turkey to Hold First Deep Drilling for Oil and Gas in Med in 2018

Turkey will carry out its first hydrocarbon drilling in the Mediterranean later this year and its first deep drilling in 2018, Energy Minister Berat...

"Cyprus Continues with Oil & Gas Explorations Despite Turkish Provocations"

Cyprus continues with its oil and gas exploration activities despite Turkish provocations, the Cypriot government spokesman said. Cyprus will continue its activities in its...

Greece to Open Tenders for Oil and Gas Explorations

The Greek government has opened two tenders for offshore oil and gas blocks in the Mediterranean and Ionian Seas and has invited IOCs to...

Two New Offshore Oil and Gas Exploration Tenders Launched

The Greek government has launched two tenders for offshore oil and gas exploration and exploitation in the west and south of the country, the...

U.S. Supports Cyprus' Right to Search for Oil and Gas in EEZ

The U.S. government supports the right of Cyprus to search for oil and natural gas in its exclusive economic zone (EEZ) and discourages actions...

Italy's Enel Applies to Search Greece For Oil and Gas

The Greek Ministry of Environment, Energy and Climate Change received yesterday three applications for hydrocarbon exploration in the regions of western Greece and Epirus. All...

Shocking Decrease in Gas and Heating Oil Use

Reduced incomes, higher taxes and rising international oil prices have caused a steady decline in the fuel market since 2007. According to data released by...